Vimeo lays off staff globally after Bending Spoons acquisition

businessinsider.com

Vimeo is conducting global layoffs following its acquisition by Bending Spoons. The job cuts occur a few months after the tech holding company Bending Spoons purchased Vimeo for $1.38 billion. This marks Vimeo's second round of layoffs since September. Bending Spoons, known for acquiring and restructuring companies, has a history of staff reductions post-acquisition. Vimeo previously spun off from IAC in 2021.


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